What Wealthsimple's terms say

Serious 2

• Your personal information may be collected, regardless of whether you interacted directly with the service or not

  They store data on you even if you did not interact with the service

• Your personal data is used for automated decision-making, profiling or AI training

Bad 22

• Location data may be collected, used and/or shared

  This service may collect, use, and share location data

• Instead of asking directly, this Service will assume your consent to changes of terms merely from your usage

  Instead of asking directly, this Service will assume your consent to changes of terms merely from your usage.

• Terms may be changed any time at their discretion, without notice to you

• This service assumes no liability for unauthorized access to your personal information

• This service receives your precise location through GPS coordinates

• Many different types of personal data are collected

• Extra data may be collected about you through promotions

• App required for this service requires broad device permissions

• Third-party cookies are used for statistics

• Information is gathered about you through third parties

• You are being tracked via social media cookies/pixels

• Your personal information is used for many different purposes

• Your personal data may be used for marketing purposes

• This service shares your personal data with third parties that are not essential to its operation

• Your profile is combined across various products

• Your personal data is used to employ targeted third-party advertising

• Your biometric data is collected

• Your personal data may be sold or otherwise transferred as part of a bankruptcy proceeding or other type of financial transaction

• Your personal data may be disclosed to comply with government requests without notice to you

• Third-party cookies are employed, but with opt out instructions

  Third party cookies are employed, but with opt out instructions

• You are tracked via web beacons, tracking pixels, browser fingerprinting, and/or device fingerprinting

• Third-party cookies are used for advertising

Worth knowing 18

• First-party cookies are used

• You should revisit the terms periodically, although in case of material changes, the service will notify

• The service is provided 'as is' and to be used at your sole risk

• This service does not guarantee that it or the products obtained through it meet your expectations or requirements

• The service assumes no liability for any damages the user incurs

• You agree to defend, indemnify, and hold the service harmless in case of a claim related to your use of the service

• [DEPRECATED] The service is not responsible for linked or (clearly) quoted content from third-party content providers

  The service is not responsible for linked or (clearly) quoted content from third-party content providers

• Third parties are involved in operating the service

• Spidering, crawling, or accessing the site through any automated means is not allowed

• No warranty is made regarding an uninterrupted, timely, secure and/or error-free experience

  The service provider makes no warranty regarding uninterrupted, timely, secure or error-free service

• Invalidity of any portion of the Terms of Service does not entail invalidity of its remainder

• Failure to enforce any provision of the Terms of Service does not constitute a waiver of such provision

• The court of law governing the terms is in location X

  The court of law governing the terms is in Ontario, Canada

• You agree to comply with the law of the service's country

• Your IP address is collected, which can be used to view your approximate location

• Your personal data may be aggregated into statistics

  Your personal data is aggregated into statistics

• This service gives your personal data to third parties involved in its operation

• Blocking first-party cookies may limit your ability to use the service

  Blocking first party cookies may limit your ability to use the service

Good 8

• Information is provided about security practices

• Information is provided about what kind of personal information is collected

  Information is provided about what kind of information they collect

• Information is provided about how your personal data is used

• This service claims that your personal data is not being sold

  Your personal data is not sold

• You can request access, correction and/or deletion of your data

• Staff at this organisation receive training about handling data

• A complaint mechanism is provided for the handling of personal data

• You can opt out of targeted advertising

Bad 1

• Your provided identifiable information is actively checked by the service

Worth knowing 1

• Your private content may be accessed by people working for the service

Good 2

• Two factor authentication is provided for your account

• You can opt out of receiving promotional communications

  You can opt out of promotional communications